Question
Which of the following is a possible reason for a country to impose a tariff? a) A tariff discourages domestic production. b) A tariff reduces
Which of the following is a possible reason for a country to impose a tariff?
a) A tariff discourages domestic production.
b) A tariff reduces the benefits for domestic producers.
c) A tariff is a source of revenue for the government.
d) A tariff will encourage domestic consumers to buy foreign goods.
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Principles Of Microeconomics 2e By OpenStax
Authors: OpenStax
2nd Edition
1947172344, 978-1947172340
